“But others who are not affected financially also realise the time is here to buy or invest in a new property, ” he said in an interview. “This is indeed the right time to invest, ” he said. Federation of Motor and Credit Companies Association of Malaysia president Datuk Tony Khor Chong Boon agreed, adding that the used car market had also experienced tremendous growth in July. In contrast, he said used car sales only chalked up 303 units in April, when the usual monthly figure was between 30,000 and 35,000 units. “The moratorium has allowed some to have more money to spend, while the sales tax exemption has stimulated sales.

Source: The Star August 01, 2020 23:48 UTC